Loading ...China not showing their gold buying is like the phony jobs number … it’s (politically / economically) expedient … given the (geopo0litical) backdrop … think BRICS, Tiawan, etc. … they are not stupid enough to poke Western agents if they don’t have to while they are doing it.
Plus, they are still accumulating, which is better at lower prices.
If Chen Lin is right … the true silver demand is much higher than Western officials will admit.
$50 Silver Target, 500mn Ounce Deficit – Watch This Trend! | Chen Lin – YouTube
And this should become apparent as the year presses on … maybe by next month.
Have a good one.